MLS Public Remarks Terms Available! LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 11.5% Cap Rate. Excellent rental history with high year round occupancy. Keep the building as individual rental units or convert back to motel for seasonal tourist income. B-2 zoning offers amazing potential opportunities for this 1 acre parcel. This high visibility location is just minutes to Pellston Airport, Mackinaw City, Casinos, Lakes and Parks. Step right in to this turnkey rental business and level up!
http://www.www.johnstoneandjohnstone.com.com/468346
Unit # LEVERING MOTEL
Township McKinley
Directions US 31 N to property just south of E Levering Rd in Levering
Fin Below Grd SqFt 0
Total Fin SqFt 4,760
Price/SqFt $0
Unfinished SqFt 0
Above Grade Finished SqFt 4,760
CDOM 0
Sub Property Type Commercial/Industrial
Year Built 1971
Days on Market 718
Land Assessment -
Improvements -
Acreage 1.1
Taxes -
Tax Year -
Summer Taxes -
School District Pellston
Winter Taxes -
Lower Level Square Footage 0
Waterfront N
For Lease/Rent N
Waterfront Desc Neither
Est. Total Acres 1.1
WaterFrontage
0
Heating Electric Baseboard
Water Well
Zoning B-2
Basement N
Heating Electric Baseboard
Garage 0.0
Basement details Slab
Sewer Septic
Features Off-Street Parking, Paved Roads
Possession At closing Tena
Status Change Date 05/03/2024
Listing Date 05/26/2022
Internet/IDX Y
Named Exceptions N
Listing Office
Sue Louiselle, Broker
Office Address
7511 E. Lincoln Rd
Listing Number
468346
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Thursday, May 16, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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